Price Gouging as Art Form

This chart, courtesy the NY Times, shows, in small part, the incredible gouging of us chickens regarding the disastrous state of healthcare, a profit-driven environment that victimizes every American not covered by Medicare.  

Then the bills arrived. Ms. Singh’s three stitches cost $2,229.11. Orla’s forehead was sealed with a dab of skin glue for $1,696. “When I first saw the charge, I said, ‘What could possibly have cost that much?’ ” recalled Ms. Singh. “They billed for everything, every pill.”

In a medical system notorious for opaque finances and inflated bills, nothing is more convoluted than hospital pricing, economists say. Hospital charges represent about a third of the $2.7 trillion annual United States health care bill, the biggest single segment, according to government statistics, and are the largest driver of medical inflation, a new study in The Journal of the American Medical Association found.

When looking at this fubar, one readily sees that Obamacare does not fix this problem in any way shape or fashion so, the question to ask is: When will passive Americans get off their butts and demand congress to institute Single Payer because the system, as it stands now, is a lost cause from the get go.